DJ Paychex Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Paychex Inc. $(PAYX)$ inched 0.83% higher to $141.83 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.
The stock's rise snapped a six-day losing streak.
Paychex Inc. closed $8.88 below its 52-week high ($150.71), which the company achieved on November 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Oracle Corp. $(ORCL)$ rose 0.98% to $190.75, Intuit Inc. $(INTU)$ rose 1.00% to $650.60, and Automatic Data Processing Inc. $(ADP)$ rose 0.35% to $298.59.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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November 20, 2024 16:53 ET (21:53 GMT)
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